1707.201
Federal provisions.

Notwithstanding any provision of the Revised Code, if the
"Securities Act of 1933," the "Securities Exchange Act of 1934," the
"Investment Company Act of 1940," the "Investment Advisers Act of 1940," and
any amendments to any of those federal acts, if any rule, regulation, release,
statement, or position promulgated or adopted under the authority of any of
those federal acts, and any amendments to those federal acts, or if any rule,
regulation, or guideline of a self-regulatory organization registered under the
"Securities Exchange Act of 1934," and any amendments to that act, contains a
provision that is not contained in this chapter or the rules adopted under this
chapter and that affects any matter within the scope of this chapter, the
division of securities by rule may promulgate a similar provision.

A rule adopted under the authority granted in this section
becomes effective on the later of the date on which the division issues the
rule or the date on which the federal statute or the rule, regulation, release,
statement, or position on which the division's rule is based becomes effective.
The division, upon thirty days' written notice, may revoke any rule adopted
under the authority granted in this section. A rule adopted under the authority
granted in this section, and not revoked by the commissioner of securities,
lapses and has no further force and effect eighteen months after the rule's
effective date.